 |
December 29, 2025, 02:26:44 PM |
|
Silver has had a huge year in 2025, rising over 160% as supplies stay tight and exchange inventories like COMEX and Shanghai shrink. The rally is driven by strong demand from electric cars, solar panels, and data centers, along with rules limiting supply and investors looking for a safe place in uncertain times. The shortage of physical silver has made it one of the best-performing metals this year.
Silver hit a record high of $79.32 on December 26 but has pulled back a bit to around $72.45 (slvon/USD). Experts are still optimistic, with targets from $77 to $100. The overall trend is up, with support around $72-$75 and resistance at $83-$85. Even though some indicators show it’s overbought, the in strong momentum suggests silver could keep rising into the new year. I'm curious Is this a smarter but than gold now?
|
